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Sanlian Commercial says change in accounting policy and estimates

Wednesday, 15 Mar 2017 04:45am EDT

Sanlian Commercial Co Ltd <600898.SS> : Says it changed the inventory costing methods effective Dec. 31, 2016 and expects net profit down 308,823 yuan .Says it changed the depreciation period of its fixed asset and net salvage, effective Dec. 31, 2016 and expects net profit up 549,936 yuan, as the result.

Bimeks 2016 net result swings to loss of 147.8 million lira

Monday, 13 Mar 2017 02:01pm EDT

Bimeks : FY 2016 net loss of 147.8 million lira ($39.59 million) versus profit 9.4 million lira year ago .FY 2016 revenue of 1.21 billion lira versus 1.57 billion lira year ago.

Mobilezone FY 2016 sales up at CHF 1.09 billion

Friday, 10 Mar 2017 12:46am EST

Mobilezone AG : In fiscal year 2016 mobilezone group achieved sales in the amount of 1,088 million Swiss francs (2015: 859 million francs) and increased its operating profit by 20 percent to 48.5 million francs (2015: 40.4 million francs) .A dividend of 0.60 francs will be proposed to the general meeting on April 6, 2017.

Tech Data Corp Q4 non-gaap earnings per share $2.45

Wednesday, 8 Mar 2017 06:00am EST

Tech Data Corp : Tech Data corporation reports fourth quarter and fiscal year 2017 results . Q4 non-gaap earnings per share $2.45 . Q4 earnings per share $2.22 . Q4 sales $7.4 billion versus i/b/e/s view $7.5 billion . Q4 earnings per share view $2.17 -- Thomson Reuters I/B/E/S . Tech Data Corp- plans to provide financial guidance for combined company with its first-quarter fiscal year 2018 results . Tech Data Corp - company is not providing financial guidance for its q1 of fiscal year 2018 . Expects to incur one-time costs to achieve cost savings of about $150 million . Tech Data - expects technology solutions transaction to be significantly accretive to co's non-gaap earnings per share in first year after closing . Tech Data Corp- expects to realize $50 million of cost savings in first 12 months after closing of technology solutions transaction . Tech Data Corp- company expects to incur one-time costs to achieve cost savings of approximately $150 million .Tech Data Corp- expects to realize $100 million during second full year after closing of technology solutions transaction.

Daiko Denshi Tsushin to sell real estate and expects extraordinary profit of 162 mln yen and extraordinary loss of 168 mln yen for FY 2017

Wednesday, 8 Mar 2017 01:15am EST

Daiko Denshi Tsushin Ltd <8023.T>: Says it will sell real estate in late March .Says it expects extraordinary profit of 162 million yen and extraordinary loss of 168 million yen for FY 2017 due to the transfer.

Casino says 2017 profit guidance is cautious

Tuesday, 7 Mar 2017 05:55am EST

Casino Chairman and CEO Jean-Charles Naouri and CFO Antoine Giscard d'Estaing tell a news conference: CEO says expects good comercial trend at Brazil's retailer GPA in 2017 along Q4 2016 trend . CFO says group EBIT growth guidance for 2017 is "cautious" . CEO says group has not yet decided what it will do with the cash raised from Via Varejo unit sale . CFO eyes 2017 capex of a lttle under 1 billion euros . CEO says cash from Via Varejo consumer electronics unit sale could be used to reduce financial expenses or to accelerate Assai cash & Carry stores expansion in Brazil . CFO says goal remains for French geant hypermarkets to break even in 2017 . CEO says group has no plans to launch cash & carry stores in France .CEO says first four weeks of 2017 sho business trends in France close to those of Q4 2016.

Kanger International appoints Ji Chuanhu as CFO

Thursday, 2 Mar 2017 04:35am EST

Kanger International Bhd : Says ji chuanhu has been appointed as the chief financial officer .Wang Yongli resigns as CFO.

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